Estimated Monthly Payment

*Disclaimer: Estimated Monthly Payment is based on MSRP shown, 5% interest rate and the term displayed (24, 36, 48, 60, 72, 84 months) and is for illustrative purposes only. This calculation reflects amounts in U.S. Dollars rounded to the nearest whole dollar. Estimated monthly payments DO NOT include license, doc, emissions, or other possible fees.

All loan figures are based upon non-commercial usage and are subject to credit approval from an independent lending source. Actual down payment and resulting monthly payments may vary depending upon type and use of vehicle, regional lender requirements, and the strength of your credit. Check with your dealer for exact monthly payment.

Term

24 mo

36 mo

48 mo

60 mo

72 mo

84 mo

Payment

$1,366

$933

$717

$588

$501

$440

2016 Chevrolet Silverado 1500 Buyer's Guide

The 2016 Chevrolet Silverado 1500 is a full-size pickup truck that represents the entry level model in the brand’s Silverado lineup, which also offers 2500 and 3500 series heavy duty trucks. The Silverado lineup, which has been on the market since 1999, is a steady seller for Chevrolet and one of the most competitive models in the full-size truck category, while the Silverado 1500 in particular provides a competitively priced point of entry to the category. The Silverado 1500 is known for its comfortable, quiet cabin and its ability to be highly customized. The Silverado was last fully redesigned for the 2014 model year, but the 2016 version represents some subtle aesthetic changes as well as updates to the features and equipment that are available.

What makes it move?

The base 2016 Chevrolet Silverado 1500 comes with a 4.3-liter V-6 that makes 285 ponies and 305 lb-ft of torque. A 5.3-liter V-8 makes 355 horsepower and 383 lb-ft of torque. The top-of-the-line 2016 Silverado offers a 6.2-liter V-8 with 420 horsepower and 450 lb-ft of torque, which will likely be paired to an eight-speed automatic transmission. The others will get either a six-speed or eight-speed auto, which will be confirmed closer to the 2016 Silverado’s launch.

Why buy the 2016 Chevrolet Silverado 1500?

The 2016 Chevrolet Silverado 1500 offers plenty of customization. Buyers can choose between regular, double, or crew cab body styles. There are also three different bed lengths, each of which has its own pros and cons (such as capacity versus maneuverability). These options allow shoppers to order a Silverado based on both passenger and cargo capacity preferences. Eight trim levels are available, from the basic functionality of the Work Truck to the luxurious High Country. The Silverado also offers a high-quality interior with plenty of standard equipment, and optional high-tech equipment and features. The Silverado 1500 provides GM’s OnStar communications system, which now offers a Wi-Fi hotspot to improve connectivity. A wireless charging pad, remote start, and forward collision alert are also among the options.

People Who Viewed This Vehicle Also Viewed

Chevrolet Silverado 1500

2016

Purchase price ($)

Cash rebate ($)

Value of your trade-in ($)

Amount owed on your trade-in ($)

Down payment ($)

Annual interest rate (%)

Term of loan (months)

*Disclaimer: This calculation is based on the information you entered and is for illustrative purposes only. This calculation reflects amounts in U.S. Dollars rounded to the nearest whole dollar. Estimated monthly payments DO NOT include license, doc, emissions, or other possible fees.

All loan figures are based upon non-commercial usage and are subject to credit approval from an independent lending source. Actual down payment and resulting monthly payments may vary depending upon type and use of vehicle, regional lender requirements, and the strength of your credit. Check with your dealer for exact monthly payment.